MTU Aero Engines (OTCMKTS:MTUAY) Shares Gap Down – Should You Sell?

MTU Aero Engines AG (OTCMKTS:MTUAY)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $180.79, but opened at $172.87. MTU Aero Engines shares last traded at $173.91, with a volume of 699 shares trading hands.

Analyst Upgrades and Downgrades

MTUAY has been the topic of a number of analyst reports. Zacks Research downgraded shares of MTU Aero Engines from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 15th. BNP Paribas Exane initiated coverage on shares of MTU Aero Engines in a research report on Monday, April 13th. They issued an “outperform” rating on the stock. Citigroup reiterated a “sell” rating on shares of MTU Aero Engines in a research report on Wednesday, February 25th. UBS Group cut MTU Aero Engines from a “hold” rating to a “sell” rating in a research note on Friday, April 24th. Finally, Kepler Capital Markets raised MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

MTU Aero Engines Trading Down 4.2%

The business has a 50 day moving average of $189.27 and a 200-day moving average of $206.86. The company has a current ratio of 1.44, a quick ratio of 1.06 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $18.66 billion, a P/E ratio of 16.20 and a beta of 1.02.

MTU Aero Engines (OTCMKTS:MTUAY) last posted its earnings results on Tuesday, February 24th. The company reported $2.67 earnings per share (EPS) for the quarter. MTU Aero Engines had a return on equity of 24.07% and a net margin of 11.28%.The business had revenue of $2.83 billion during the quarter. Analysts anticipate that MTU Aero Engines AG will post 11.47 EPS for the current fiscal year.

MTU Aero Engines Company Profile

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company’s activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.